GuysTake_011 - Why Lightning Sucks

April 24, 2019 01:05:14
GuysTake_011 - Why Lightning Sucks
Bitcoin Audible
GuysTake_011 - Why Lightning Sucks

Apr 24 2019 | 01:05:14

/

Hosted By

Guy Swann

Show Notes

Lightning is complicated, difficult to use, sometimes doesn't work properly, requires a lot of learning and experimentation, and is still a risky place to hold Bitcoin funds.  Doesn't this make it a protocol destined to obscurity and disuse?  Doesn't it mean that better, simpler options will simply replace it, and Bitcoin is to fail from its extensive limitations?  Find out all the ways I find Lightning *doesn't* do its job well, & what I think it means for the future in today's Guy's Take episode!

Mentioned in the show:
paywall.link
pollofeed.com
schnorr signatures
previous Guy's take on the complexity of the internet

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

June 14, 2023 01:17:16
Episode Cover

Ai Read_000 - Google "We Have No Moat..."

"These contributions were pivotal in the image generation space, setting Stable Diffusion on a different path from Dall-E. Having an open model led to ...

Listen

Episode

February 07, 2019 00:59:55
Episode Cover

CryptoQuikRead_210 - Human Threat Model [Part 1 - JW Weatherman]

Today we begin the "Human Threat Model," by @jwweatherman.  An exploration of the attack surface that exists in the very nature of being human,...

Listen

Episode

July 08, 2024 00:48:10
Episode Cover

Read_833 - Between Bitcoin Layers - Boltz Builds Trustless Transfers

"Submarine Swaps employ hash time-locked contracts (HTLCs), which in layperson’s terms, enable two transactions (both sides of the swap) to happen simultaneously by linking...

Listen